Now Playing

3/3/2011 4:31PM

PM Report: Libya No-Fly Zone: Will It Fly?

Julian Barnes discusses the likelihood a no-fly zone will be established over Libya and the role the U.S. would probably play. Plus, stocks soar, a midnight deadline looms for the NFL and Charlie Sheen buys a house.

This transcript has been automatically generated and may not be 100% accurate.

... well Olivia no-fly zone why ... well Talia right have right now on the New Saab happen and welcome I'm Simon Constable Bob O'Brien joined on the fact that the thank you Grandma it seems like just yesterday we met up when the strength of the Pentagon with Jillian bonds is standing by and Chile and what's the latest on this up what we need to know about this of this no-fly zone ... well of present Obama said today it's still an option ... arm but privately on Pentagon officials are still suffering very skeptical ... of the reason being is there's not a lot of support among the allies in Europe ... and this one in fact be a military operation ... one tiny ... Wheatbelt did we have to send planes and ... to effectively knock out there write to Peter of ... AirPrint defense systems ... in the nation ... do you think that the yet the American public get behind the prospect ... of a third military campaign ... well that's exactly ... exactly the point guard surgery Gates made yesterday before Congress ... he said ... a no-fly zone begin with and how long Libya ... and he'd raise the prospect of a you know ... murder of military intervention ... in the Middle East um and ... you know I think ... in terms of whether the ... American public to get ... behind it it's going to depend on the events over the next few days ... to the attacks by ... Libyan government um ... of forces on the Revel for a worse one may ... find armed protesters are ... fun to get more violent weatherboard house that could change account ... so if the US to get behind a no-fly zone is the no-fly zone just a fly is on what happens now ... um ... well you know there are other options you know Senator McCain of race to prosper today of just of ... threatening to shoot down of ... Libyan planes he said that could be enough with the terms ... of your could strike at the planes when they're on the ground ... other Arab leaders also said that they might do a no-fly zone although we don't know if they really have the of ... the political will to do that ... and and ... you know if the United States were to decide it's not going to go along with some of our European counterparts ... were a little more determined to do this could it be orchestrated without us anticipation ... I think that's not what would happen ... I mean we have in the UK being somewhat to our ... enthusiastic here we have the Kiwi ... against the Turkey against the ... France against it ... but if the European allies switch if you see Italy give a green light to receive France yet more enthusiastic ... um ... then I think God the US would contribute I think the US would be happy to be part of our of brought me to align ... captain Simon on the Milan Bava Simon thank you Brian much Jillian bonds with a wolf it down at the Pentagon that ten of the markets had a great day Jonathan Cheng joins song was ... the site ... Kestrels on weekdays at eleven for the markets up thanks to ... strong and ... was so op ... well let we've had a bit of a sell off over the past few days and we all know that's because of Libya Egypt Oil all of these concerns ... I'm not to say to those concerns are gone oil is still up over a hundred dollars a barrel ... but I think what we're some seasoned investors have priced the Sydney father that it expects their heads that although the pact leaders in the set ... we deliver the hunted olive oil for the time being ... and with the rally we saw ... Ukraine's risk obviously tomorrow ... nonfarm payrolls comes out ... the January reading ... lead early last month ... was a disappointment are we building in and you know greater risk to defeat the son of a ... supply shock at the numbers on his powerful was as expected and it was expecting a lot of volatility for one week an official number comes out of the month ... the last two months people been expecting a great number we didn't quite get it and that's because the weather and and a lot of other related reasons weather's Not to me excuse this time so ... small I will be riding on ... that and as people get more optimistic though that the jobless rate figures to be hotter and hotter deferred because of the reasons I'm quite well is that people talk to Al a level close to that and so disguised to look so bleak ... that's gotta be a problem I'm on my right as still attractive and in general joblessness has been has been one of the concerns with this with that with this recovery that we've seen so far so ... you're right the boys rate hikes one so we'll see how well how we deliver ... Dan multino plodding I think by DRAM much doesn't ChinaCache Jonathan and again weekdays at eleven for the markets up ... on when Malkin to go to Washington D C and them I'm ... I'm in a stunning night because there's an NFL National Football League contract deadline looming at midnight tonight ... and it's going on a wire renegotiations and Mt what's the latest deal that are outside the room ... underrated a bet that the people ... that make them in ... the evening deadline ... that would and should keep the flight ... out of court adequate and that we would ... keep it ... the party happening at the people ... of that that that would be the that that that that the effect until the hope was that when ... you don't ... mess with the average Santos ... has no taste ... for the spectacle of watching billionaires quarrel with millionaires ... over how to divide up billions of dollars ... in revenue ... do you think both sides recognise the risk of alienation ... of some of their key of some of their teen viewers ... I think they're getting them and that there are they they think they understand that really make that happen ... but out there and they're pretty typical of a name ... that quickly had shown great to ... have to be worked out that while there might be a short walk to the big ... thing ... is ... they want to go to one of the long campaign that they're making them ideal to get ... a better economic that that ... that that he'll get one ... Maffei mine with a Wall Street jungle ... and Washington D C covering the half I'll ... come with the launch of this can enjoy this now on the site to talk about the impact on TV the TV business which is ... still in many ways those of the driving factor of the play ... of what's been happening with the I phone goes off the Emerald let me know what what happens nothing yet I mean ... that our football in general it is the most important when the most important brands for the TV business ... so ... a lot that isn't a threat on the of this year less than that because ... the networks will actually get back money they pay licensing fees ... the longer term ... these gains anchor everything else on TV Super ratings ... for advertising alike and could have the masses ... I'm any of the fact that broadcasters and the priests of direct the chance to ... operations like duplicate DirecTV for which has the NFL Sunday package ... on extremely popular package very lucrative for them ... is or was due to companies like that ... could simply who subscribe to feed of the things that I didn't add to the mid nineteenth ... and ... twentieth describe her is paying a two lane of those ... times subscribed to the service and ... this was a lot that the Minister assisting the subscribers the longer term ... on a lot of people can go to other places that are less expensive ... than serving that have big impact their bottom line painted on them for ... now I knew you could sign up for a break for the abuse and Chile she's grateful ... Mabbutt is nothing more important for TV in fact than the NFL ... yet mean he had last year in twenty ten am the top ten broadcasts were actually put one games ... I don't tell the scene minutes ICI ... probably that I can read much loans with a Wall Street jungle Candace Jackson joins us now to try to talk about Charlie sheen ... to it as a paralegal invest over the house ... Intel twenty tells about a half according to my sources he is a NASCAR on a house that in the neighborhood lives and that's on the mark your right now for seven point five million so ... looks like he might be in the business travel health uses uses the dollar reflection of some of the ... legal fallout ... from either his legal problems more ... from ... you know using the ... Danish Eleanor Hall so ... we can stand in court today regarding his visitation rights with these can ... be used to house purchase tied up with any of these problems that I don't know I mean if you know ... what I know is that he's and ask her to purchase the house and it's not far from where he lives now a lot of the Casa Blanca reported that he didn't want his ex wife and kids living near Tyson said two ex wives and ... public health plans right now so they can be candidates run ... yet we don't know the the houses for now but that's that's for what ails ... the question protests from ... angry much Candace Jackson thank you Paul O'Brien I'm Simon Qassam on that's it that's our show that's the new supper tonight comeback eight thirty tomorrow which Allianz laugh all the news you need to know before the Army bell Abbott great night ...